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  Dealstruck

Dealstruck

in Business Loans from Dealstruck

Unaffiliated

Dealstruck

Unaffiliated

in Business Loans from Dealstruck

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Mostly recommended

5 users recommend
1 user is unsure
4 users don't recommend
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Highlights
Highlights
Community Rating Mostly recommended
Loan Amount $5,000 - $500,000
APR (Fixed APR) 9.99% - 27.99%
Loan Term (Months) 12 - 48
Number of Reviews 10

Overview

Where does Dealstruck do business?

Dealstruck is a marketplace lender based in Carlsbad, CA. It was founded in 0 and offers access to business loans in 50 states (and Washington, DC).

What are Dealstruck’s rates?

Dealstruck offers a fixed APR business financing product that ranges from 9.99% APR up to 27.99% APR.

Does Dealstruck charge an origination fee?

Yes, Dealstruck charges a loan origination fee starting at 0% of the loan amount. Dealstruck deducts the fee directly from your loan amount before disbursing loan proceeds, so make sure you take this fee into account when deciding how much you need to borrow.

What limitations does Dealstruck set on the purpose of the loan?

Dealstruck considers loan applications for business purposes, such as:

  • Equipment Purchase
  • Lease Improvement
  • New Location
  • Product or Service Expansion
  • Working capital

What types of business loans does Dealstruck offer?

Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Dealstruck provides access to the following business loan types:

  • Unsecured term loans
  • Secured Term Loans
  • Lines of Credit

Does Dealstruck charge prepayment fees?

Yes, Dealstruck charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

How much can you borrow from Dealstruck?

Loan amounts start at $5,000 and go up to $500,000.

What is the maximum loan term you can get with Dealstruck?

Dealstruck offers business loans with terms ranging from 12 to 48 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for a loan with Dealstruck?

Applicants with a credit score of at least 600 can apply for a loan via Dealstruck. Dealstruck requires companies to be in business for at least 12 months. Businesses must have a minimum annual revenue of $150,000 to be considered. Dealstruck only considers borrowers who are employed or self-employed.

What is the estimated funding time for a business loan via Dealstruck?

Dealstruck can approve (or deny) a loan application within 48 hours and fund business loans within 5 business days of approval.

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Contact

  • Headquarters
  •   1901 Camino Vida Roble
    Suite 120
    Carlsbad, CA 92008 USA
  • (855) 610-5626

About Dealstruck

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Credit Score Range 600 - 850
Employment Statuses Considered
  • Employed Full-Time
  • Self-Employed
Minimum Months in Business 12
Minimum Revenue $150,000
Loan Amount $5K - $500K
Loan Term (Months) 12 - 48
APR (Fixed APR) 9.99% - 27.99%

Reviews

 
 

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